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RE: South Korean cryptocurrency exchanges get nod of approval

in #crypto6 years ago

The Bithumb thing is super strange. I'm glad they passed so many exchanges, but that Bithumb was among them makes me question how legitimate their "security" screening is. Might be some other factors at play?

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Yep, I think that is why we didn't see much reaction price wise from this news.

Politics has to be playing a part, they were saying that many government officials had crypto holdings when the original uproar over potential government actions against the exchanges was originally talked about.

Could be. It also said that it was based on their current security protocols. It's possible (and probably likely) that Bithumb beefed up their security protocols since the hack.